Airline Crisis: Why Aviation Industry Experiences Decline

The airline industry had a turbulent year. Rising fuel prices, aircraft grounding, US-China trade war, global climate change. Let's have a closer look at the key factors that caused the airline industry decline.

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Sources:
[ 1 ] https://www.reuters.com/article/airlines-iata/iata-trims-airline-industry-net-profit-view-sees-rebound-in-2019-idUSL8N1YH24U
[ 2 ] https://www.iata.org/contentassets/ebdba50e57194019930d72722413edd4/fact-sheet-fuel.pdf
[ 3 ] https://www.iata.org/en/pressroom/pr/2019-09-05-01/
[ 4 ] https://www.iata.org/en/iata-repository/publications/economic-reports/air-freight-monthly-analysis---dec-2019/
[ 5 ] https://asianaviation.com/iata-air-freight-volumes-still-declining/
[ 6 ] https://www.nytimes.com/2019/03/10/world/africa/ethiopian-airlines-plane-crash.html?searchResultPosition=1
[ 7 ] https://www.bbc.com/news/business-50177788
[ 8 ] https://www.nytimes.com/interactive/2019/03/11/world/boeing-737-max-which-airlines.html
[ 9 ] https://www.nytimes.com/2020/01/07/business/boeing-737-max-simulator-training.html
https://www.bbc.com/news/business-51153286
[ 10 ] http://www.boeing.com/737-max-updates/#/message
[ 11 ] https://www.nytimes.com/2019/12/24/business/boeing-737-max-survey.html?action=click&module=RelatedLinks&pgtype=Article
[ 12 ] https://www.businessinsider.com/boeing-compensation-for-737-max-crash-victims-2019-7
[ 13 ] https://www.reuters.com/article/us-boeing-737-max-ceo-calhoun/new-boeing-chief-executive-takes-over-with-737-max-crisis-unresolved-idUSKBN1ZC0TO
[ 14 ] https://www.usatoday.com/story/travel/airline-news/2019/10/24/boeing-737-max-southwest-american-vow-make-boeing-pay/4083874002/
[ 15 ] https://www.flightglobal.com/strategy/ryanair-warns-of-base-cuts-over-737-max-delays/133556.article
[ 16 ] https://www.reuters.com/article/us-ryanair-boeing/ryanair-says-european-delays-may-mean-no-737-max-jets-for-next-summer-idUSKBN1YE1UH
[ 17 ] https://www.seattletimes.com/business/boeing-aerospace/after-boeings-horrible-year-annual-race-against-airbus-is-no-contest/
[ 18 ] https://www.bbc.com/news/business-49890057
[ 19 ] https://www.swedavia.com/about-swedavia/for-press/swedavias-traffic-statistics-for-december-and-the-full-year-2019/#gref
[ 20 ] https://www.atag.org/facts-figures.html

#aviationindustry #Airlines #crisis #737max #flygskam #flightshame #airlineindustry #travelworks
#tradewar #uschina #fuelprices
Read more in our blog: https://www.altexsoft.com/blog/before-coronavirus-five-biggest-crises-in-travel-industry/
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